NOLA Real Estate Market Reports

A Snapshot of West Bank Home Sales | July 2014

New Orleans West Bank Home Sales

Here’s a quick snapshot of the change in West Bank real estate active from July 15, 2013 to July 15, 2014 and the news is not bad at all. Sales are up, average prices are up just a smidge and homes are staying on the market for a shorter period of time than last year.

Single family home sales

New Orleans West Bank home sales

Data provided by GSREIN and is deemed reliable

Multi-Family Home Sales

While single family home sales have improved, investment/multi-family activity has declined by over 9%, with prices down over 13% from last year to this year.

Investors take note: there is a shortage of affordable rentals in the entire metro New Orleans area. Now is the time to consider making another investment in rental property.


Multi-Family Home Sales

New Orleans West Bank multi-family home sales

Data provided by GSREIN and is deemed reliable

 Need more details on a specific neighborhood? Call us at 504-327-5303 and we’ll be happy to discuss the market with you.

West Bank Real Estate Update | May 2014

New Orleans real estate

New Orleans West Bank January – May 2014 Home Sales These numbers include Algiers, Belle Chasse, Terrytown, Gretna, Harvey, Marrero and Westwego single family homes sold from January through May, 2014. 703 single family homes sold January 118 Feb 139 March 123 April 143 May 180 Average list price: $141,759 Average sold price: $135,555 Average days on…

Belle Chasse LA 70037 | March 2014 Home Sales

100 Chapel Hill

Homes Sales in Belle Chasse LA After a year of steady increases in average home sale prices, the 1st quarter of 2014 saw a dip in Belle Chasse. It’s not a cause for home seller concern, though, because the 1st quarter of the last couple of years have traditionally been the weakest for sales in the…

Terrytown LA 70056 | March 2014 Home Sales

Homes sales in Terrytown LA

Terrytown Home Sales Prices have increased slightly in Terrytown, after remaining flat for several months. Planning to sell your Terrytown home? Fill out the form below and we’ll start on your personal market analysis. Google+

Gretna LA 70053 Home Sales | March 2014

Average home prices in Gretna LA 70053

Gretna LA Home Sales Home prices in Gretna have been on an upward trend since November of 2013. The 70053 market has a lot of movement in it (see the chart below) mostly because of the disparity between the high and low ends of home prices but the 1st quarter of 2014 has seen an…

Algiers Home Sales | March 2014

Home sale prices in Algiers LA

Home sales in Algiers (70114 and 70131) After drifting upward during 2013, average sale prices are down this year in Algiers. Take a look at the trends over the last 2 years for average and median sold prices throughout the 70114 and 70131 zip codes. The good news is that median prices are on the…

New Orleans LA 70114 | 2013 Home Sales and Property Prices

Home security when selling

Median price Dec 2011: $26,250 Median price Dec 2012: $38,500 Median price Dec 2013: $57,500 Median prices are up 49.4% from 2012 to 2013, but they are still among the lowest in the West Bank real estate market outside of Algiers Point. Average price per square foot rose from $44 in Dec 2012 to $60…

Gretna LA 70053 | Real Estate Market Report January 2014

Gretna LA City Hall

Home Sales in Gretna LA 70053 Prices in Gretna have continued to rise as the city offers better and better quality of life for residents, making it attractive to West Bank home buyers. Single Family Home Sales Median price January 2012: $60,000     Average sale price: $73,423 Median price January 2013: $76,000    …

New Orleans LA 70131 | October 2013 Home Sales in Algiers

New Orleans LA 70131 | October 2013 home sales

Algiers 70131 Homes Sales I’ve heard from a lot of people in Algiers lately, all asking the same question – what’s going on with real estate prices? Most of the folks who have asked live south of (below) Holiday Drive, so let’s take a look at the 70131 zip code. Remember, this includes English Turn…

New Orleans Real Estate | Algiers Home Sales August 2013

Algiers LA

Home Sales in Algiers After home values soared post-Katrina, the Algiers real estate market has taken a bit of a beating over the last few years. We are finally seeing a bit of a turn around in both sales and values for both single family and multi-family properties in both 70114 and 70131 zip codes….

Terrytown and Gretna LA 70056 | Real Estate Market Trends August 2013

Terrytown LA

Terrytown and Gretna LA 70056 | Single Family Home Sales Good news for home owners in Terrytown and Gretna (70056 zip code) – prices are up almost 15% from this time last year. The number of sales has dipped just a smidge, but homes are selling 12.5% faster. The available inventory of homes for sale…

Gretna LA 70053 | Home Sales as of September 2013

Gretna real estate

Single Family Home Sales in Gretna LA 70053 The news is good for single family home owners in the City of Gretna this year. Sales are up, average prices are up, days on market is down and the available inventory has dropped by over 46%. There’s still enough available homes for sale to keep it…

English Turn, New Orleans LA | 2012 Market Update

English Turn home sales

English Turn Real Estate What’s happening in the English Turn real estate market? Let’s take a look at the available listings and closed sales as of July 8, 2013. Homes for Sale in English Turn 27 homes are currently listed for sale in the West Bank community Average list price: $598,330 Average days on market:…